Xcel Energy (XEL) EBIT Margin (2009 - 2026)
Xcel Energy (XEL) recorded EBIT Margin of 22.64% in Q2 2026, up 5.08 percentage points from 17.55% a year earlier and up 3.88 percentage points from the prior quarter.
Xcel Energy (XEL) EBIT Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Xcel Energy's EBIT Margin came in at 19.08% as of Jun 30, 2026, up 1.08 percentage points year-over-year; for FY2025, it came in at 17.61%, down 0.14 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of -0.75 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 17.75% in FY2024 (+0.29 pp), 17.46% in FY2023 (+1.61 pp), 15.86% in FY2022 (-0.54 pp) and 16.40% in FY2021 (-1.96 pp).
- The Q2 2026 figure is the highest quarterly EBIT Margin since Q3 2024.
- On a year-over-year basis, EBIT Margin has increased for three consecutive quarters, with an average year-over-year change of +0.21 percentage points over the last eight quarters.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 5.17 percentage points in Q4 2025, against a drop of 5.87 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.75% (Q1 2026), 16.29% (Q4 2025) and 19.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 30.20% |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 7.34% |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | 22.64% |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 20.99% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 21.94% |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 27.43% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 36.45% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 40.00% |
| 10 | Dte Energy | 25.46 Bn | 24.94 Bn | - | 13.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.64% |
| Mar 31, 2026 | 18.75% |
| Dec 31, 2025 | 16.29% |
| Sep 30, 2025 | 19.13% |
| Jun 30, 2025 | 17.55% |
| Mar 31, 2025 | 17.33% |
| Dec 31, 2024 | 11.12% |
| Sep 30, 2024 | 25.00% |
| Jun 30, 2024 | 14.83% |
| Mar 31, 2024 | 18.61% |
| Dec 31, 2023 | 16.71% |
| Sep 30, 2023 | 24.99% |
| Jun 30, 2023 | 13.83% |
| Mar 31, 2023 | 14.04% |
| Dec 31, 2022 | 12.95% |
| Sep 30, 2022 | 22.64% |
| Jun 30, 2022 | 13.70% |
| Mar 31, 2022 | 13.60% |
| Dec 31, 2021 | 14.46% |
| Sep 30, 2021 | 23.80% |
Xcel Energy EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=XEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "XEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=XEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();